MILWAUKEE (AP) — MILWAUKEE (AP) — Rockwell Automation Inc. (ROK) on Tuesday reported fiscal second-quarter earnings of $350 million.
On a per-share basis, the Milwaukee-based company said it had net income of $3.10. Earnings, adjusted for amortization costs and non-recurring costs, came to $3.30 per share.
The results topped Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $2.89 per share.
The industrial equipment and software maker posted revenue of $2.24 billion in the period, which also beat Street forecasts. Seven analysts surveyed by Zacks expected $2.16 billion.
Rockwell Automation expects full-year earnings in the range of $12.50 to $13.10 per share, with revenue expected to be $8.9 billion.
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